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Foreign firms providing consulting, technical, and other remote services to Nigerian clients are reassessing their structures. The trigger: Nigeria’s new read more Foreign firms reassess Nigerian tax exposure after SEP changes
ECB President Christine Lagarde highlighted the critical need for central bank independence amidst external pressures. This statement comes in light of concerns regarding political influence on monetary policy.
The Securities and Exchange Commission (SEC), Central Securities Clearing System Plc (CSCS), Nigerian Exchange Group (NGX Group), and other key read more Nigerian capital market to commemorate transition to T+1 settlement cycle
The Nigerian Constitution guarantees the fundamental right to information, and the Freedom of Information (FOI) Act 2011 reinforces this right. read more Underfunding the Freedom of Information budget undermines Nigerians’ access to information
The price jumps erased much of Wednesday's declines on the hopes of an imminent deal to end the conflict that has all but halted shipping through the crucial Strait of Hormuz for months. The post Oil Prices Bounce Higher After New US Strikes On Iran appeared first on Channels Tel...
Oil prices increased on Thursday following recent US military actions against Iran, impacting global markets. Meanwhile, Asian stocks experienced a decline amid ongoing tensions in the Middle East.
The protest that erupted at a renaissance facility in Ukpeliede Community, Ahoada West LGA of Rivers State has been put read more Protests at Renaissance facility in Ahoada West abate as negotiations continue
The NLC has condemned the worsening economy and insecurity affecting the working class and the poor in Nigeria. Their statement highlights the negative impact of recent reforms, including petrol subsidy removal and foreign exchange liberalisation.
The EU is set to enhance its trade defense measures against China by introducing import quotas and tariffs. This initiative aims to rebalance trade and safeguard European industries.
•Importers remain govt’s biggest revenue source after oil — Yar’adua By Efe Onodjae The Importers Association of Nigeria (IMAN) has decried the rising cost of cargo clearance at Nigerian ports, revealing that while it costs between N7 million and N8 million to clear a 20...
The Nigerian naira showed stability against the US dollar on May 28, 2026, in both official and parallel markets. This stability is attributed to ongoing market interventions and improved liquidity conditions.
Oil prices have dropped to $95 following a report from Iranian media about a proposed agreement. The US has dismissed the report as a fabrication, contributing to the decline in prices.
Dangote Petroleum Refinery has cut diesel prices by N200 per litre as new fuel imports arrive. This move is expected to positively impact the fuel market in Nigeria.
Following the Central Bank of Nigeria's interest rate reduction in February, N105 billion has flowed back to banks. This move is expected to enhance liquidity in the financial system.
MTN Nigeria has paid N879 billion in taxes, reflecting a 15% increase, which bolsters Nigeria's non-oil revenue efforts. This comes alongside significant growth in the company's revenue and profits.
Nigerian food manufacturers are raising concerns about excessive taxation and regulatory challenges that they believe jeopardize their businesses and the economy. They warn that these policies could hinder growth and survival in the food production sector.
The Nigeria Labour Congress (NLC) has criticized the escalating economic challenges and insecurity in Nigeria. They highlighted the severe hardships faced by citizens due to current policies in their Eid address.
Nigeria continues to struggle with a persistent power crisis despite receiving over $3.6 billion from the World Bank since 2001. The ongoing challenges highlight the complexities of addressing the country's energy needs effectively.
Nigeria's ongoing power crisis continues despite over $3.6 billion invested by the World Bank since 2001. The situation raises concerns about the effectiveness of international funding in addressing the country's energy challenges.
Tourism and hospitality are identified as key sectors that can enhance Nigeria's GDP and generate employment opportunities. Treal Hotels and Suites is highlighted for its contributions to the tourism development in Ogun State.
FMDQ Securities Exchange's debt market has grown to N118.29 trillion, fueled by corporate bonds and government borrowing. This significant increase highlights the expanding financial landscape in Nigeria.
The National Single Window has significantly improved trade processes for Nigerian importers by reducing SON-related data migration issues by over 60% in just four weeks. This advancement is expected to streamline operations and enhance efficiency in the trade sector.
Crude oil prices have decreased due to speculation about a potential ceasefire between Iran and the US. This comes despite denials from the White House regarding such developments.
The Dangote Refinery is helping to ease Nigeria's foreign exchange challenges by decreasing reliance on imported refined petroleum products. This development is expected to have a positive impact on the economy.
The Treasury emphasizes the importance of digital insights for corporate treasurers facing volatility and liquidity challenges. This strategic focus aims to enhance decision-making and risk management in the financial sector.
The Bank of Industry warns that climate change is diminishing the competitiveness and economic resilience of Nigerian enterprises. This impact is particularly severe in the manufacturing, agriculture, and infrastructure sectors.
A new report by the Boston Consulting Group highlights that digital entrepreneurship can significantly advance gender economic equality in Africa. The findings suggest that empowering women in this sector is crucial for closing the economic gender gap.
Katsina State is experiencing economic growth despite challenges like insecurity. Development initiatives are positively impacting the state's fortunes.
One of the experts said Africa’s debt crisis should not be viewed only through economic indicators but through its impact on ordinary citizens The post 32 African countries now spend more on debt servicing than healthcare – Experts appeared first on Premium Times Nigeria.
Experts highlight that 31 African nations prioritize debt servicing over healthcare funding. This trend raises concerns about the well-being of ordinary citizens amid the continent's ongoing debt crisis.